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Single Family Residence at 7239 NW 3rd St, Miami FL 33126Active
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Single Family Residence
$795,000$710 / sqft

7239 NW 3rd St, Miami FL 33126

4
Bedrooms
3
Bathrooms
1,119 sqft
Interior
1955
Year built
None
HOA
Single Family Residence
Type

About this home

1,480 Sf Living Area! Completely remodeled income-producing opportunity in the heart of Miami! This exceptional property features two separate structures, offering the perfect blend of flexibility, comfort, and investment potential. The main residence offers 3 bedrooms and 2 bathrooms, while the detached 1-bedroom, 1-bathroom unit is ideal for extended family, guests, or generating rental income. Designed with peace of mind, the property has been extensively updated with new roofs on both structures, new A/C systems, new water heaters, PVC plumbing, new electrical system, and stylish modern finishes throughout. Situated on a spacious lot, there is ample room for parking, outdoor entertaining, or future possibilities. This centrally located home provides quick access to major highways, Miami International Airport, shopping, dining, schools, and entertainment. Whether you're searching for a move-in-ready primary residence with supplemental income or a turnkey investment property, this is an opportunity you won't want to miss!

Features

  • Split Bedroom
  • Studio Apartment
  • Utility Room/Laundry
  • Fruit Trees
  • Other

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$4,020

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$4,020
HOA
None

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Rejoice Realty Group, Inc.

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.